AIRPROSJEKT AS: årsregnskap 2010 vs 2009
Grew 6% on revenue
approved 2011-05-20; registry 2011-06-16; journal 2011 412137
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AIRPROSJEKT AS. Revenue 2.37m NOK → 2.52m NOK (+6.2%). Net result -353.5k NOK → -328.1k NOK. Equity 33.5k NOK → -294.7k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRPROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.37m NOK to 2.52m NOK (+6.2% YoY). Calculated
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↑
Net result improved
Net result -353.5k NOK → -328.1k NOK (net margin -14.9% → -13.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 33.5k NOK → -294.7k NOK (equity ratio 0.1% → -1.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.90m NOK → 3.03m NOK. Reported fact